Facebook set to launch Libra

[Goldentaby]

This is a welcome development and it's going to allow the platform to have their own Digital currency. With this it will be easy to pay for ads placement on the website unlike before

Libra is backed by a pool of the best reserves in the world and the most reliable central banks in the world.
"Libra has the potential to give billions of people around the world access to a more inclusive, more open financial ecosystem," the social network said.
This collaborative approach can eliminate problems of volatility from current blockchains and cryptocurrencies. As you can see, it is the first Altcoins back with Central bank.

 

[Bilal0087]

The social media coin called Libra coin will be launched in the early days of January 2021 after delay in the project as a result of non approval of the project. All final touches has been put in as the libra team await the approval of Swiss Financial Market Supervisory Authority soonest.

This would be a big addition in the world of Crypto, because Facebook have millions of user all over the world and their currency will compete in the market.
And I hope that in the coming years it could be able to compete with Bitcoin depending upon its active users.

 

[Sake]

Heard about this project before and i heard that Facebook have no means to endorse or promote this coin with their name.. im not sure though that's just what i remember but im looking forward to this coins to be launched already since the founder is someone with a good rep.

 

[BrolySSJ]

The social media coin called Libra coin will be launched in the early days of January 2021 after delay in the project as a result of non approval of the project. All final touches has been put in as the libra team await the approval of Swiss Financial Market Supervisory Authority soonest.

I am very interested to see the way that the new Facebook coin goes in the future. They have made a previous attempt also to release this coin however it was short-lived and the coin was removed from the market. In my opinion I think that this was largely due to the fact that there was a lack of advertising and a lack of awareness when it came to the coin. So it will be interesting to see how they have changed this in its release now. What do you think the initial value of this coin will be?

 

[Nomad]

well, I don't know if anyone s aware of this but libra has been rebranded as diem and diem will be launched later this year. They are trying to built it as a stable coin.

 

[QalabDogar1906]

The social media coin called Libra coin will be launched in the early days of January 2021 after delay in the project as a result of non approval of the project. All final touches has been put in as the libra team await the approval of Swiss Financial Market Supervisory Authority soonest.

Facebook launch sofa and earn money and enjoy the day and night and I also have a question about business and I also suggest you to ye I think the Bitcoin has very good business and I also have low price for the post of Clerk a business and I also have a few questions

 

[Kelly5]

I guess Facebook has been long overdue for it's own cryptocurrency don't you think? If it comes out with it's proposed libra coin, i hope they can donate serious campaign on it

 

[Elfinito]

How will the currency be beneficial for Facebook users?
Do you have to acquire the libra coin before you can purchase Facebook product and services

 

[Justin]

Facebook had announced that it will start testing Libra in August. Now it is already October and there is no new development on Libra, at least I have not heard of any new development surrounding Libra.

 

[Sotherefore]

Facebook had announced that it will start testing Libra in August. Now it is already October and there is no new development on Libra, at least I have not heard of any new development surrounding Libra.

Yes they made the announcement that they are planning to launch their own cryptocurrency but the year is almost over without any signs of this, well maybe they have the reason why they are delaying the project, the reason may be best known to them.

 

[Lens]

I think that the project is a failed projects. The proposed project have been around for some time now but it seems that Facebook isn't getting it right this time.

 

[HayKay]

This has been long overdue and I feel that this is the major reason behind the move to rename the company to metaverse. Any coin that is released by this company would definitely sell and I wouldn't hesitate to buy into it.

 

[Ononivami]

It seems that the project failed and does not see the light of the day. I kept wondering how a social media giant like Facebook would fail in such a very easy task . I am very surprised.